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Nonprofit · EIN 04-3594335

ROSEBUD ECONOMIC DEVELOPMENT CORP

Tax-exempt · ROSEBUD, TX 76570

Financials

$68K$3K2023$70K$17K2024
Revenue Expenses · by fiscal year end
Financials of ROSEBUD ECONOMIC DEVELOPMENT CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990-EZ$69,881$16,666$53,215$498,700$0$498,700
September 30, 2024990-EZ$67,957$3,238$64,719$395,605$0$395,605
Financial details: 990-EZ for the year ended September 30, 2025

Revenue

Program service revenue
$62,220
Investment income
$7,661

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$175
Other expenses
$16,491
Program services (functional)
$13,554

Balance sheet and other

Total assets, start of year
$395,605
Total assets, end of year
$498,700
Total liabilities, end of year
$0
Net assets, end of year
$498,700
Cash, savings and investments
$498,700
Gross receipts
$69,881

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
CARSON WALLACEPresident1$0
MARTHA WESTERMANSecretary1$0
WAYNE WILSONTreasurer1$0
990-EZ for the year ended September 30, 2024: 3 people
NameTitleHours / weekCompensation
WAYNE WILSONTreasurer1$0
CARSON WALLACEPresident1$0
MARTHA WESTERMANSecretary1$0

Address and contacts

Address (IRS master file)
PO BOX 657, ROSEBUD, TX 76570-0657
In care of
% WAYNE WILSON
Mailing address (990-N for 2021)
PO Box 657, Rosebud TX 76570
Principal officer (990-N for 2021)
CARSON WALLACE, PO Box 657, Rosebud TX 76570
Signed the 990-EZ
WAYNE WILSON, Treasurer
Phone
(713) 253-5507
Return prepared by
WILLIAM GRIMSLEY CPA

Mission

Provide economic development for the Rosebud area.

990-EZ for the year ended September 30, 2025

Program accomplishments

  • Provided funds for the City Park Bridge
    Expenses $5,478
  • Provided funding for the Citys baseball field
    Expenses $3,862
  • Provided funds to Senior Center
    Expenses $4,214

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 15, 2027Not due yet
2024September 30, 2025February 16, 2026990-EZ on file
2023September 30, 2024February 17, 2025990-EZ on file

IRS record

EIN
04-3594335
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2002
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$498,700
Income (IRS master file)
$69,881

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZSeptember 2025–––IRS
990-EZSeptember 2024–––IRS
990-EZSeptember 2023$58,474$38,522$215,718IRS
990-N for 2021
Officer: CARSON WALLACE
September 30, 2022≤ $50,000 receipts––e-Postcard

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about ROSEBUD ECONOMIC DEVELOPMENT CORP

What is the EIN of ROSEBUD ECONOMIC DEVELOPMENT CORP?
The employer identification number (EIN) of ROSEBUD ECONOMIC DEVELOPMENT CORP is 04-3594335.
Is ROSEBUD ECONOMIC DEVELOPMENT CORP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to ROSEBUD ECONOMIC DEVELOPMENT CORP tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ROSEBUD ECONOMIC DEVELOPMENT CORP file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ROSEBUD ECONOMIC DEVELOPMENT CORP due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ROSEBUD ECONOMIC DEVELOPMENT CORP last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended September 2025.
Who is the principal officer of ROSEBUD ECONOMIC DEVELOPMENT CORP?
The 990-N for 2021 names CARSON WALLACE.
Who are the officers and directors of ROSEBUD ECONOMIC DEVELOPMENT CORP?
The 990-EZ for the year ended September 30, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does ROSEBUD ECONOMIC DEVELOPMENT CORP have?
On its 990-EZ for the year ended September 30, 2025 it reported revenue of $69,881, expenses of $16,666 and total assets of $498,700 at year end.

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